mat wrote:
Except that loan was to Omar Khan personally not the bulls. So any failure to recover it is nothing to do with the liquidation. You really should get your facts correct.
We'll ask Gerald at Begbies Traynors what he thinks of that. Last time we checked they had BMDC down as a £221K OK Bulls Ltd creditor. The additional £21K is outstanding business rates. The Council claim they are getting say £20/ week back off OK, but BT may well have something to say about that given that they have the loan registered as a liquidation debt, and not a personal loan.
Anyhow, we are not insolvency experts per se and have never emphatically claimed to be. In fact many on here think we know f..k all about anything lol. With regard to the loan we are merely informing you of what we've heard, and in any event it has little to do with the current mire that we find ourselves in, never mind the emerging new scandal.
We know some things; we hear some things. It's good that forum members seek to correct us when some of our sources, such as MG, may not be wholly reliable, and for that we are eternally grateful. The forum is in part helping us to progress with our ultimate aim. An aim - snowie - which you know we won't reveal just yet, but nonetheless it was a decent attempt at 'fishing'.
In case you are wondering. Will we be put off if CB and his SCC get hold of AC's shares? No. Nothing at all against CB, but we recognise that the club needs proper change and robust investment; ideally sooner rather than later. Trying to do a deal with creditors and selling off player assets etc is childs play. Getting the Bulls back to where we belong is a far more onerous task. We hope CB may succeed, but we have grave doubts. Last thing you will have heard is that CBs now waiting for the new (and doubtless dire) year end accounts to be published ... ffs; what might be his next excuse??